Investing in oil and gas industries is becoming more risky due to volatile commodity prices are volatile and there are serious environmental concerns such as oil spills and carbon dioxide emissions. In just 8 months (July 2014 to March 2015) the price for one barrel of crude oil plummeted from 107 USD to 42 USD. …
Weather-related disasters cause billions of dollars in damages. Costs include insurance, property damage and loss, asset losses, business interruption, energy use, infrastructure damage, lost crops, livestock, and timber, and emergency response. Other consequences are lost lives, jobs, food security, property, and damaged ecosystems, as well as health issues, poor air and water quality, and loss …
The primary responses to climate change are mitigation and adaptation. Mitigation actions tackle the causes of climate change and adaptation actions address the impacts. Although these are separate strategies with different challenges, both are necessary to help reduce the negative effects of climate change. [1,2] Table 1. Climate change mitigation and adaptation Climate Change Measure …
NBS BENEFIT#48: Climate Change Mitigation and Adaptation Read More »
Globally, floods have had the highest occurrence (43%) and damages ($40 billion) of all natural disasters; from 1994 to 2013 almost 2.5 billion people were affected. The problem is being exacerbated by climate change, urbanization, agriculture expansion, deforestation, and poor land development. In addition, extreme weather events and associated are expected to increase in the …
Greenhouse gasses (GHG), such as carbon dioxide, methane, and nitrous oxide, accumulate and become trapped in the atmosphere, where they absorb heat energy and prevent it from escaping to space. As the concentrations of GHG increase, the surface temperatures on Earth also increase. This condition is known as global warming. Concentrations of carbon dioxide, methane, …
